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In 2009, 89 percent of Canada's imports from Germany were manufactured goods. Canada is also a net importer of services from Germany. Canadian service imports totaled 2.2 billion in 2007. Since the mid-1990s, both Canada and Germany have had steady growth in the services trade between the two parties.

Canadian merchandise import suppliers include the United States, China, Mexico, Japan, the United Kingdom, Korea, France, Italy and Germany. In 2011, Germany was Canada's fifth-largest supplier of imports at $11.4 billion. Canadian imports from Germany have increased in several areas of merchandise including passenger cars and automotive parts, electrical machinery and equipment, mechanical machinery and appliances.

Canada also exports merchandise to Germany along with 19 other prominent countries, including the U.S., U.K., China, Japan, Mexico, South Korea, the Netherlands, France, India, Belgium, Italy, Australia, Norway, Brazil, the United Arab Emirates, Switzerland, Saudi Arabia and Spain. By 2040, it is estimated that the U.S. share of Canadian exports will be at 75.5 percent; proximity is thought to play a major factor in this estimate, as well as the wealth of the U.S.